The5ers currently offers 22 challenge programs, with fees ranging from $19–$850. Select a challenge type and account size below to compare profit targets, drawdown limits, payout frequency, and the full consistency rule — all sourced directly from The5ers's official documentation and kept up to date.

Challenge Details

The5ers Challenge: 1 Step

Challenge Fee

$52

Profit Target

10%

Max Daily Loss

3%

Max Total Loss

6% (static)

Profit Split

75%

Payout Frequency

Every 14 days

Trading Rules

Rules change without notice and vary by account type. Confirm with the firm before you trade.

ALLOWED

Weekend HoldingOvernight Holding

News Trading

Holding through news is fine. Bracketing orders around news is banned.

Scalping

Tick scalping and rollover-scaling EAs are banned.

RESTRICTED

Expert Advisors (EAs)

You must own the source code. No copy, tick-scalping, arbitrage or HFT EAs.

Copy Trading

Only between your own accounts. Not allowed once managed capital reaches $500K.

NOT ALLOWED

Tick Scalping

HFT

Banned when most trades last a few seconds or less.

Arbitrage

Latency, reverse and hedge arbitrage banned.

Group Trading

Coordinated trading, account sharing and pass-your-challenge services banned.

Gambling

Oversized, over-leveraged or one-direction gambling trades banned.

Not published by the firm: Hedging.

From our firm record — not independently re-verified

How The5ers challenges work

A The5ers challenge is a paid evaluation phase where you trade simulated capital under The5ers's rules — profit targets, daily drawdown, max drawdown, and time limits. Pass the evaluation and you move to a funded account and keep a share of the profits. At most prop firms, challenge and funded accounts trade with virtual (simulated) money.

The5ers's evaluation structure (1-step, 2-step, or instant-funding) depends on which program you pick. Each challenge card above shows the exact steps, the profit target per phase, the time limit (if any), the daily and overall drawdown limits, and the profit split you'll earn once funded. We pull these values directly from The5ers's official rulebook and keep them up to date.

Industry-wide pass rates on prop firm challenges sit around 10%. The traders who pass most consistently treat the challenge as a paid stress test of an already-profitable strategy — not as a way to learn one. If you're newer to trading, the The5ers matcher tool can help you find a challenge with rules that fit your style before paying for the evaluation.

Frequently Asked Questions about The5ers Challenges

A The5ers challenge is the paid evaluation phase where you prove you can hit a profit target without breaching drawdown rules. Once you pass, you move to a funded account and keep a share of the profits. At most prop firms, challenge and funded accounts trade with virtual (simulated) money.
The5ers typically offers multiple formats — both one-step and two-step evaluations are common across the industry, and some firms also offer instant-funding options. The exact structure depends on which account size and program you pick. The challenge cards above show the current steps, profit targets, and time limits for each tier.
Profit splits in this industry typically range from 70% to 90% to the trader. Higher splits are usually unlocked through The5ers's scaling plan after consistent payouts. The exact current split for each program is shown on the main The5ers review page along with payout frequency and minimum payout amounts.
Most prop firms enforce both a daily drawdown limit (around 4–5%) and a maximum overall drawdown (around 8–10%). The make-or-break detail is whether the overall drawdown is static (calculated from starting balance) or trailing (follows equity highs). Each challenge card above shows The5ers's exact rule for that account size — read it carefully before paying.
You lose the challenge fee. Some firms offer discounted resets or free retries — check The5ers's own rules before you buy.
News trading rules vary across firms and across The5ers's individual programs. Most prop firms restrict trading during high-impact news (NFP, FOMC, CPI) and some require positions to be closed before weekend gaps. The5ers's specific trading rules are listed on the main The5ers review page in the Trading Rules section.

On this page